Buyouts Investment Criteria
STAGE:
Turnaround Growth, Restart or Ownership Recapitalization
BUSINESS CRITERIA:
Proven product with existing customers and recurring revenues
FINANCIAL PERFORMANCE:
At or near cash flow breakeven within a one to three month time period
INVESTMENT SIZE:
Private: $20 million to $50 million in equity
Public: Up to $150 million total transaction size
TYPE OF SECURITY:
Typically Common Stock, although may position investment at any point in the capital structure,
up to and including Senior Secured Debt. We typically do not use Preferred Stock.
OWNERSHIP:
Typically control position, with management
INVESTMENT HORIZON:
Tailored to the investment – two to ten years or longer, depending upon the situation